Larne Street, Ballymena , Ballymena, BT42 3AJ

Property Description

An opportunity to purchase a 10% gross yield investment property. This 2 bedroom Mid Terraced Property has double glazing, and gas central heating. Would benefit from a light refurbishment.

If you bought this property on a Buy to let basis you would need a deposit of £15,000  (25%) and a mortgage of £45,000. Your interest-only BTL mortgage payment would be approximately £112.50 per month interest-only (please take advice from a qualified Mortgage Advisor). The rent received on this property is £450 PCM.  Once you pay rates and insurance you'd have a pre-tax profit of around £277.50 per month at today's rates. 

This is the perfect first-time investor starter property.